Prozone Realty Limited has intimated that its application for reclassification of certain promoter group entities to public category has been closed by BSE Limited.
The company received an email communication from BSE Limited intimating that the application for reclassification under Regulation 31A of the SEBI Listing Regulations has been closed. This application sought to reclassify the following four entities from the 'Promoter Group' category to the 'Public' category:
- Rakesh Rawat Family Trust - holding 35,85,796 shares (2.35% of total shareholding)
- Mr. Ghanshyam Rawat - holding 0 shares (0.00% holding)
- Ms. Vandana Vaidh - holding 1,620 shares (0.00% holding)
- Mrs. Pushpalata Rawat - holding 0 shares (0.00% holding)
The communication represents the closure of the regulatory process that was initiated by the company. The document was signed by Ajayendra Pratap Jain, CS and Chief Compliance Officer, on June 23, 2026 at 22:07:58 IST.
Financial Impact
The reclassification application closure does not immediately change the shareholding pattern. Rakesh Rawat Family Trust continues to hold 2.35% of the company's shares, while the other three entities hold negligible or zero shares. The closure of the application means the current promoter group classification remains unchanged.